SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____)*
PREMIUM CIGARS INTERNATIONAL, LTD.
(Name of Issuer)
Shares of Common Stock
(Title of Class of Securities)
740588 10 8
(CUSIP Number)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 740588 10 8
Page 1 of 5 Pages
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CUSIP No. 740588 10 8 13G Page 2 of 5 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Steven A. Lambrecht
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5. SOLE VOTING POWER
NUMBER OF SHARES 256,584
BENEFICIALLY ----------------------------------------------
OWNED BY EACH 6. SHARED VOTING POWER
REPORTING PERSON None
WITH ----------------------------------------------
7. SOLE DISPOSITIVE POWER
256,584
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8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
276,584*
*includes 20,000 shares which may be acquired by the exercise of
options within 60 days.
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.9%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 740588 10 8 13G Page 3 of 5 Pages
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Item 1(a). Name of Issuer.
PREMIUM CIGARS INTERNATIONAL, LTD.
Item 1(b). Address of Issuer's Principal Executive Offices.
15651 North 83rd Way, Suite 3
Scottsdale, Arizona 85260
Item 2(a). Name of Person Filing.
Steven A. Lambrecht
Item 2(b). Address of Principal Business Office or, if none, Residence.
15651 North 83rd Way, Suite 3
Scottsdale, Arizona 85260
Item 2(c). Citizenship.
United States
Item 2(d). Title of Class of Securities.
Shares of Common Stock
Item 2(e). CUSIP Number.
740588 10 8
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a)[ ] Broker or Dealer registered under Section 15 of the Act
(b)[ ] Bank as defined in section 3(a)(6) of the Act
(c)[ ] Insurance Company as defined in section 3(a)(19) of the Act
(d)[ ] Investment Company registered under section 8 of the Investment
Company Act
(e)[ ] Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f)[ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of 1974 or
Endowment Fund; see ss. 240.13d-1(b)(1)(ii)(F)
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CUSIP No. 740588 10 8 13G Page 4 of 5 Pages
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(g)[ ] Parent Holding Company, in accordance with ss. 240.13d-
1(b)(ii)(G)(Note: See Item 7)
(h)[ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership.
(a) Amount Beneficially Owned: 276,584*
* includes 20,000 shares which may be acquired by the exercise of
options within 60 days, but for which the reporting person may not
currently vote or direct the disposition.
(b) Percent of Class: 7.9%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 256,584*
(ii) shared power to vote or to direct the vote: None
(iii) sole power to dispose or to direct the disposition of: 256,584*
(iv) shared power to dispose or to direct the disposition of: None
* excludes 20,000 shares which may be acquired by the exercise of
options within 60 days, but for which the reporting person may not
currently vote or direct the disposition.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
Not applicable.
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CUSIP No. 740588 10 8 13G Page 5 of 5 Pages
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Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect. After reasonable inquiry and to the best of my
knowledge and belief, the undersigned reporting person(s) also certifies that
the information set forth in this statement is true, complete and correct.
DATED: February 9, 1998 /s/ Steven A. Lambrecht
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Steven A. Lambrecht
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).
